Industrial All Risk Insurance (IAR) is a comprehensive package policy that offers significantly broader coverage compared to traditional standalone policies such as Standard Fire and Special Perils Insurance, Machinery Breakdown Insurance, Electronic Equipment Insurance, Boiler and Pressure Plant Insurance, Burglary Insurance, and Business Interruption Insurance.

The primary objective of the IAR policy is to provide holistic protection for fixed assets, including Buildings, Plant and Machinery, Furniture and Fixtures, Electrical and Electronic Equipment, and Stocks of all kinds, under a single integrated policy framework.

Securisk Insurance dedicated property insurance team possesses the expertise and capacity to effectively manage Industrial All Risk policies for its valued clients. With a deep understanding of client-specific risk exposures, we design and place IAR solutions that deliver comprehensive protection and maximum value.

Key Features

• Comprehensive package policy combining multiple insurance covers under one umbrella

• All Risks coverage, subject only to specific named exclusions

• Minimal exclusions, aligned with international insurance standards

• Buildings, Plant & Machinery, Furniture, Fixtures, Fittings, and Electrical Installations insured on Reinstatement Value Basis

• Stocks insured on Market Value Basis

• Underinsurance waiver up to 15%, subject to policy terms